August 13, 2021 Read More →

Belarus company wins bid for 100-megawatt solar plant in Zimbabwe

New Zimbabwe:

PRESIDENT Emmerson Mnangagwa’s administration has handed over vast swathes of land in Norton to a Belarusian company which intends to set up a 100 megawatt solar power plant.

Presenting a post cabinet media briefing Wednesday, Information Minister Monica Mutsvangwa said the 100-megawatt solar power plant will be funded at US$125, 5 million.

“The renewable energy will be implemented on a 25-year Independent Power Producer (IPP) basis and will involve a power purchase agreement with the Zimbabwe electricity transmission and distribution company,” Mutsvangwa said.

“The power generated by the plant will be introduced on to the national grid and complement power generated by the thermal power plants. Land for the projects has since been identified in Norton. The implementation of the project is subject to the signing of the double taxation and bilateral investment protection and protection agreements between the government of Zimbabwe and Belarus.

The project is to be part of the government’s engagement and re-engagement efforts,” she said.

[Robert Tapfumaneyi]

More: Belarus Investors Win Tender For 100 Megawatt Solar Plant

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